Siemens Q2 PAT seen up 31.7% YoY to Rs. 564.6 cr: Yes Securities

Yes Securities has come out with its second quarter (July-September’ 22) earnings estimates for the Capital Goods sector. The brokerage house expects Siemens to report net profit at Rs. 564.6 crore up 31.7% year-on-year (up 49% quarter-on-quarter).

Net Sales are expected to increase by 22.2 percent Y-o-Y (up 24.8 percent Q-o-Q) to Rs. 4,886.5 crore, according to Yes Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 518 percent Y-o-Y (up 622 percent Q-o-Q) to Rs. 777.2 crore.

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